FOR IMMEDIATE RELEASE
PUBLIC INTEREST SA APPLAUDS APPOINTMENT OF MTETO NYATI AS ESKOM CHAIRPERSON
Johannesburg, South Africa, Monday, 9 October 2023 – Public Interest SA is pleased to announce our enthusiastic support for the appointment of Mr. Mteto Nyati as the incoming Chairperson of Eskom, succeeding Mr. Mpho Makwana, who has decided to step down as Chairperson and Non-Executive Director of the Eskom Board at the upcoming AGM in October.
Mr. Nyati, a distinguished and accomplished businessman known for his exceptional track record in revitalising numerous prominent South African companies and has already made significant contributions to Eskom’s performance since his earlier appointment to the Board, is the ideal choice to lead Eskom during this pivotal phase of restructuring into three distinct subsidiaries – Generation, Transmission, and Distribution.
In our view, the decision to appoint Mr. Nyati to this critical position reflects a well-informed and judicious move by Public Enterprises Minister Pravin Gordhan and the government. This appointment ensures a seamless transition and the continued stability of Eskom, which has exhibited noteworthy improvements under the capable leadership of the outgoing Mr. Makwana.
"We extend our heartfelt appreciation to Mr. Mpho Makwana for his dedicated stewardship of Eskom throughout his tenure. Alongside his esteemed colleagues, Mr. Makwana's tireless efforts to stabilise the company have undoubtedly begun to yield positive results. South Africa owes a significant debt of gratitude for Mr. Makwana's unwavering service and invaluable contributions during Eskom's challenging times," stated Tebogo Khaas, Chair of Public Interest SA.
In closing, we take this moment to extend our warm welcome to Mr. Nyati, wishing him every success in his new role. Furthermore, we extend our best wishes to Mr. Makwana for his future endeavours.
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ABOUT PUBLIC INTEREST SA | www.publicinterest.org.za
Public Interest SA is an organization dedicated to promoting ethical citizenship and advancing social justice in South Africa. Our mission is to foster a fair and just society by advocating for transparency, accountability, and the responsible use of public resources. We work tirelessly to make a positive impact on our community and contribute to a better world for all.
For further information or media inquiries, please contact: Cassandra Kau | media@publicinterest.org.za | 010 005 5884